WEX Inc. Shares Bought by Oppenheimer Asset Management Inc.
| WEX Stock | USD 137.56 0.57 0.41% |
Slightly above 61% of Wex's investor base is looking to short. The analysis of overall sentiment of trading Wex Inc stock suggests that many investors are alarmed at this time. Wex's investing sentiment can be driven by a variety of factors including economic data, Wex's earnings reports, geopolitical events, and overall market trends.
Oppenheimer Asset Management Inc. boosted its position in shares of WEX Inc. by 290.7 percent in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 14,280 shares of the business services providers stock after acquiring an additional 10,625 shares during the quarter. Oppenheimer
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Wex Fundamental Analysis
We analyze Wex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Wex is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Wex Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Wex stock to make a market-neutral strategy. Peer analysis of Wex could also be used in its relative valuation, which is a method of valuing Wex by comparing valuation metrics with similar companies.
Peers
Wex Related Equities
| PRTH | Priority Technology | 4.12 | ||||
| EVTC | Evertec | 0.41 | ||||
| GB | Global Blue | 0.13 | ||||
| CSGS | CSG Systems | 0.69 | ||||
| QLYS | Qualys | 0.82 | ||||
| VRSN | VeriSign | 1.30 | ||||
| CCSI | Consensus Cloud | 1.47 | ||||
| NTCT | NetScout Systems | 1.61 | ||||
| OSPN | OneSpan | 2.07 | ||||
| EVCM | EverCommerce | 2.11 |
Additional Tools for Wex Stock Analysis
When running Wex's price analysis, check to measure Wex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.